Tata motors in talks with Aston Martin

Tata motors in talks with Aston Martin

Tata Motors who owns Jaguar and Land Rover are supposedly in talks with the supercar brand Aston Martin about buying the company out. Tata is apparently only one of the potential buyers for the company, other supposed buyers include Toyota and Mahindra & Mahindra. Aston Martin have continually denied rumours that the Warwickshire company is on the market by claiming that it wasn’t for sale. However reports have surfaced explaining that the firm Investment Dar, who owns 64% of Aston Martin would like to load it’s investment onto someone else for around £500,000,000 and has enlisted the help of Rothschild to find a buyer for it.

A number of companies are interested in Aston Martin

Apparently talks have been taking place with the Aston Martin executives and one source said apparently a number of companies have showed interest in buying it and a deal is looking to take place within a couple of weeks. It has been said that Aston Martin has had a number of offers, including some Chinese companies who are also interested, with Aston Martin revealing that they have had a significant growth in their sales to the Asian Market in 2011, seeing their Asia sales expanding from 48.5 percent in 2011, to £66,000,000.